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1. COURSE DESCRIPTION
MKT 380, Product Development. This course exposes the student to the decision-making processes involved in product development with
emphasis on creating successful new products. The major types and processes of product development methodology are presented from
searching for a competitive idea through creating, launching, monitoring, and adjusting new products. Concepts, theories, and techniques are
applied to case studies about successful innovations and to individual student projects to help each student learn to use product development
principles. Regular class discussions and project presentations emphasize creative thinking, problem solving, listening critically,
communicating persuasively, and using analytical tools to improve product development decisions and processes. Where possible, classroom
discussions will place special emphasis on developing and introducing new products to the local marketplace and, where appropriate, other
markets.
2. JUSTIFICATION
This course provides the students with essential training and knowledge in the New Product Development component of marketing. New
Product Development (NPD) represents an opportunity to create competitive differentiation, reach new markets, and grow revenues.
3. OBJECTIVES
a. GENERAL
To understand the methods and strategies involved in New Product Development.
b. SPECIFIC
To recognize the fundamental approaches utilized in new product development.
To understand the challenges involved in following the critical path of new product development.
4. COMPETENCIES
To understand and define the basic principles of strategy, idea generation, product design, prototyping and production.
To assess market needs and potential demand for new products.
To identify contemporary trends and influences which affect new product strategy.
To understand the various manners in which the new product may manifest itself in today’s market.
To determine the following factors that influence and limit product development: strategic planning, principles and elements of
design, product performance/quality, intrinsic/extrinsic cues, and dimensions of apparel, food, and consumer goods.
To analyze and critique new product case studies.
To identify non-starters.
To explain the process of planning and developing a line of goods.
To understand the role of standards and specifications in product development.
To execute a new product development plan: from idea generation to product delivery.
Nov 3 H O LI DAY
Monday
Quiz 1 Study NPSS pp. 17-52;
Requirements for product Starbuck’s (35 pgs).
5 In-class
development authorization.
Nov 4 Participation Evaluation
Development of product
Tuesday
specifications.
The student identifies Shelf-life requirements and factors Study NPSS pp. 89-125;
In-class
18 various extrinsic factors to affecting shelf-life and product Slim-Fast; Glaxo Zantac
Participation Evaluation
Nov 26 the NPD process. attributes; methods of assessment, (36 pgs).
Wednesday part 2
26 The student understands Continue production and evaluation Case Study In-class
Dec 10 today’s production climate. of product. Process prototype TBA Participation Evaluation
Wednesday product and evaluate, part 2
27 In-class
Dec 11 Final Project Presentations Participation Evaluation
Thursday
6. METHODOLOGY
Various methods of learning techniques will be used including lectures, open class discussion, presentations, case studies, and group
activities.
7. ASSESSMENT/EVALUATION
The student will be assessed through daily participation and evaluation by written work, group projects and testing. By the conclusion of
this class the student will be able to recognize and identify key objectives and will be able to fundamentally apply what was learned based
upon the information given in this bi-mester of instruction.
a. Specific Evaluation
For this course, you will be evaluated based on the following:
Completion and knowledge of the assigned course readings,
Completion and presentation of group projects.
Completion of investigative research projects.
Four in-class examinations,
Completion of assigned homework.
Productive in-class participation
b. Additional Information
DO NOT WAIT to contact the instructor if you have an issue with an assignment, your personal situation has changed or a
technology issue has suddenly arisen (e.g., My hard-drive crashed last week!). You will be given NO credit for failing to follow the
specific time lines and due dates as outlined in your assignment sheet given the first week of class. Daily interaction with the
instructor is vital and necessary in order for you to be successful in this class!
8. BIBLIOGRAPHY
8.1 REQUIRED:
Kerin, Robert A, et al. (2002). Marketing, 7th Edition. New York: McGraw Hill Publishing.
Kuczmarski, Thomas D. (2000). Managing New Products: Using MAP System to Accelerate Growth, Third Edition. Chicago: The
Innovation Press.
Thomas, Robert J. (1994). New Product Success Stories: Lessons from Leading Innovators. New York: John Wiley & Sons, Inc.
8.2 COMPLIMENTARY:
None
8.3 WEBLIOGRAPHY:
EBSCO DATABASE
A large assortment of product development links can be found through:
http://www.agmrc.org/agmrc/business/startingbusiness/productdevelopmentlinks.htm
8.3 HANDOUTS/READINGS:
TBA
9. FACULTY INFORMATION
GRADUATE: M.A., Latin American Studies/ Political Economy, San Diego State University.
E – MAIL: troys1205@yahoo.com
10.
Prepared by: Troy N Salem Date: Oct 13, 2008